We at iFastPay are not re-inventing the wheel. However our next generation retail service technology is here! Our founder has been a retail grocer for twenty years and has long noted a need for a superior method to deliver financial services to the consumer. Recognizing that a convenient, new method is needed at grocery markets, liquor stores, and convenience stores and could easily be adapted for use at multiple types of other retailers.

Millions and millions of people currently patronize liquor stores and convenience shops and other similar retailers to buy money orders to pay their regular bills the old fashioned way. iFastPay allows the client to cash their check, pay bills, wire money to family members across the country and globally, in addition to a host of proposed services utilizing iFastPay’s robust state of the art platform. The user-friendly process is easy as 1.2.3 Utilizing our Patent Pending approach. The client is provided with a pin-based VISA or MASTERCARD ATM/pre-paid debit card. The client is able to conduct all services utilizing the card (Patent-Pending) never requiring a payment voucher or having to fill out a form to conduct a money transfer. The ATM card can also be used at regular ATM machines, markets, gas stations, or anywhere VISA or MASTERCARD are accepted.

The iFastPay platform takes a non-proprietary service that is currently a proven method of utilization in various industries, and makes it available in a proprietary (Patented and Patent Pending) medium, as one easy source on a mass market basis, through a non-instrumentalized technology catering to the under-served, “unbanked” market.

This service comes in a combined package that is easy to use and readily accessible. The different services offered are: cash-advance, check cashing, money transfers, money-orders, phone cards, and bill pay service, as well as the ability to provide a host of related and un-related services. Our fully automated self service financial kiosks and our desktop full-service kiosks currently provide check cashing, bill payment, and money transfers. iFastPay’s convenient, accessible, state of the art technology products and services can be easily accessible globally, not just on a national level!

Conclusion
iFastPay has a promising future ahead of it. The company has positioned itself as an innovator from the start and the architecture serves as a one-stop shop, enabling it to evolve and develop with the market. The iFastPay platform enables clients to increase their customer satisfaction and retention in several ways. In the PC/kiosk environment, clients can offer more services to their customers and increase convenience by making these services available 24 hours a day. Many of these services, such as check cashing, are only available in a teller environment today. Customers can now perform these transactions in a private, secure, full and self-service environment.

Infrastructure and Resources
Headquartered in San Diego, the company is rapidly increasing its work force positioning its self as a premier leader in the Unbanked Financial Solutions industry.